Source: Malvern Bancorp, Inc.
PAOLI, Pa., Oct. 05, 2017 (GLOBE NEWSWIRE) -- Malvern Federal Charitable Foundation is pleased to announce the award of ten grants to charitable, nonprofit organizations totaling $75,000 in its local markets. The organizations receiving grants were:
“Collectively, these organizations provide vital services each year to hundreds of people in Southeastern Pennsylvania,” said Anthony C. Weagley, President and CEO of Malvern Federal Savings Bank. “Our grants are intended to assist these Organizations in fulfilling their missions of helping our neighbors. Since its founding in 2008, the Foundation has awarded grants totaling more than $500,000 to organizations that improve the quality of life in the region.”
About Malvern Federal Charitable Foundation
Malvern Federal Charitable Foundation’s purpose is to promote charitable and educational activities within the markets which Malvern Federal Savings Bank has offices, supporting community organizations and other charitable causes that contribute to the quality of life in the Local Community.
About Malvern Federal Savings Bank
Malvern Federal Savings Bank is a federally-chartered, FDIC-insured savings bank that was originally organized in 1887 and now serves as one of the oldest banks headquartered on the Philadelphia Main Line. For more than a century, Malvern has been committed to helping people build prosperous communities as a trusted financial partner, forging lasting relationships through teamwork, respect and integrity.
The Bank conducts business from its headquarters in Paoli, Pennsylvania, a suburb of Philadelphia and through its nine other banking locations in Chester, Delaware and Bucks counties, Pennsylvania and Morristown, N.J., its New Jersey regional headquarters. The company also recently announced a new representative office in Palm Beach, Florida and Montchanin, Delaware. Its primary market niche is providing personalized service to its client base.
The Bank, through its Private Clients Group provides personalized wealth management and advisory services to high net worth individuals and families. The Bank offers insurance services though Malvern Insurance Associates, LLC, which provides clients a rich array of financial services, including commercial and personal insurance and commercial and personal lending.
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